First Financial Bankshares, Inc. (FFIN) financial statements (2021 and earlier)

Company profile

Business Address 400 PINE STREET
ABILENE, TX 79601
State of Incorp. TX
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments729279249372253269 
Cash and cash equivalents729279249372253269 
Total current assets:729279249372253269 
Noncurrent Assets
Property, plant and equipment142131133124123116103
Intangible assets, net (including goodwill), including:318174175141144140 
Goodwill313172172140140140 
Other undisclosed intangible assets, net (including goodwill)52314  
Total noncurrent assets:461305308265266256103
Other undisclosed assets9,7157,6787,1756,6176,2906,1405,745
TOTAL ASSETS:10,9058,2627,7327,2556,8106,6655,848
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt430381469331446609367
Total current liabilities:430381469331446609367
Noncurrent Liabilities
Other undisclosed liabilities8,7966,6546,2106,0015,5265,2514,800
Total liabilities:9,2267,0356,6796,3325,9725,8605,167
Stockholders' equity
Stockholders' equity attributable to parent1,6781,2271,053923838805682
Common stock1111111
Treasury stock, value    (7)(6)(6)
Additional paid in capital670451443378372369305
Deferred employee stock ownership plan, issuance of shares or sale of treasury shares    766
Accumulated other comprehensive income17068327184747
Retained earnings837708607517447388328
Total stockholders' equity:1,6781,2271,053923838805682
TOTAL LIABILITIES AND EQUITY:10,9058,2627,7327,2556,8106,6655,848

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues3633172903032862683
Revenue, net   2
Net investment income363317290244232221 
Financial services revenue5854471
Cost of revenue(20)(3)(6)(7)(10) (4)
Provision for loan, lease, and other losses(20)(3)(6)
Financial services costs(7)(10) (4)
Gross profit:344314284296276268(2)
Operating expenses(14)(12)(14)(107)(109)(98)(74)
Operating income (loss):329302270189167171(75)
Interest and debt expense(14)(30)(19)(9)(5)(4)(4)
Other undisclosed income from continuing operations before equity method investments, income taxes      198
Income from continuing operations before equity method investments, income taxes:315272251180162167119
Other undisclosed loss from continuing operations before income taxes(73)(74)(73)(33)(26)(35) 
Income from continuing operations before income taxes:242198178147136132119
Income tax expense(40)(33)(28)(27)(31)(31)(29)
Net income available to common stockholders, diluted:20216515112010510090

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:20216515112010510090
Other comprehensive income (loss)10365(30)8(29)(0) 
Comprehensive income:3052291211297610090
Other undisclosed comprehensive income, net of tax, attributable to parent      37
Comprehensive income, net of tax, attributable to parent:30522912112976100127

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: